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Property profile & analytics
OFF-MARKET
Estimated value
$4,265,000
Car washes
22038 Ellsworth Loop Rd Queen Creek, AZ 85142-9877
Entity Owned
~
Est. High Equity
Property ID
US07-2370586
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2014
Construction
CONCRETE
Total area
6,527 SF
Lot
1.75 ac (76,139 SF)
Zoning code
C-G
APN
304-67-950
UPID
US07-2370586
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.37M
Blend (final)
Blend
$4.27M
Owner & transaction history
Rnl 2025f Owner LLC
Rnl 2025f Owner LLC
since 2026
7 recorded transactions
Zoning & alternative use
C-G · Queen Creek, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.2M
+80.8%
Restaurant
$3.7M
+28.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Queen Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Queen Creek submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,900,000
Current use
COMMERCIAL (GENERAL)
$5,240,000
Change: +81% · Conversion: Moderate
RESTAURANT
$3,720,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$4.27M
Range $3.84M – $4.69M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$653 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$35,141
Tax year 2023
Assessed value
$426,582
Assessed 2024
Previous assessed
$370,940
+15.0% YoY
Effective rate
8.24%
On assessed value
Land market value
$1,090,100
Improvement market value
$1,495,244
Total market value
$2,585,344
Applied tax rate
952,506.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2014
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
6,527 SF
Lot
1.75 ac (76,139 SF)
Zoning code
C-G
APN
304-67-950
UPID
US07-2370586
Jurisdiction
MARICOPA
Zoning & alternative use
C-G · Queen Creek, AZ
Zoning C-G · permitted uses
C-G · Queen Creek, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Queen Creek. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$5.2M
RESTAURANT
Est. value
$3.7M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.75 ac
Current owner
From public records · entity-resolved
Rnl 2025f Owner LLC
Entity
Mailing address
1255 W RIO SALADO PKWY STE #111, TEMPE, AZ 85281-2892
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2026
$4,856,981
Rnl 2025f Owner LLC
Store Master Funding Xii LLC
Special Warranty Deed
—
Oct 10, 2019
$3,954,076
Funding Xii LLC
True Blue Joyride LLC
Special Warranty Deed
—
Jul 17, 2018
—
True Blue Joyride LLC
—
Deed
related
—
Apr 30, 2018
$3,798,000
True Blue Joyride LLC
Joyride Holdings LLC
Grant Deed
—
Apr 8, 2015
—
Mkg Family Trust
Joyride Holdings LLC
Grant Deed
related
—
Sep 11, 2014
—
Joyride Holdings LLC
Michael K Gantzel
Warranty Deed
$1,752,846 · Western State Bank
Jul 12, 2005
$2,263,860
Midfirst Bank
Bert Johnson
Grant Deed
—
—
—
True Blue Joyride LLC
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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